Chesnara (LON:CSN) Stock Passes Above Two Hundred Day Moving Average – Here’s What Happened

Chesnara plc (LON:CSN)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 258.66 ($3.28) and traded as high as GBX 263.50 ($3.34). Chesnara shares last traded at GBX 261 ($3.31), with a volume of 49,245 shares.

Chesnara Price Performance

The company has a debt-to-equity ratio of 62.42, a quick ratio of 38.06 and a current ratio of 2.55. The firm has a market capitalization of £399.03 million, a P/E ratio of 95.65 and a beta of 0.44. The company has a 50-day moving average price of GBX 262.21 and a 200-day moving average price of GBX 258.66.

Insider Transactions at Chesnara

In related news, insider Carol Hagh purchased 10,000 shares of Chesnara stock in a transaction dated Thursday, December 12th. The shares were acquired at an average cost of GBX 258 ($3.27) per share, for a total transaction of £25,800 ($32,699.62). 5.47% of the stock is owned by corporate insiders.

Chesnara Company Profile

Chesnara (CSN.L) is a European life and pensions consolidator listed on the London Stock Exchange. It administers approximately one million policies and operates as Countrywide Assured in the UK, as The Waard Group and Scildon in the Netherlands, and as Movestic in Sweden.

Following a three-pillar strategy, Chesnara’s primary responsibility is the efficient administration of its customers’ life and savings policies, ensuring good customer outcomes and providing a secure and compliant environment to protect policyholder interests.